433 Elizabeth Ave Elizabeth, NJ ^$ 990,000

433 Elizabeth Ave

^$ 990,000

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433 Elizabeth Ave

Elizabeth, NJ, 07206

^$ 990,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,929

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Commercial Property for sale in Elizabeth, NJ

for $990,000. This building was built in 2016 on a lot size of 0.06.

Discover 433 Elizabeth Ave, a versatile mixed-use building perfect for investors. Situated on a busy main road, this property features a 2,000 sqft storefront with a lease expiring in February 2025, ideal for various business opportunities. The second floor offers a spacious 4-bedroom, 2-bathroom unit, leased until December 2025, while the third floor includes a cozy 2-bedroom, 1-bathroom unit on a month-to-month lease. All units?both residential and commercial?are currently rented below market value, presenting significant potential for increased income. Each residential unit boasts a private entrance, ensuring comfort and privacy. Conveniently located just minutes from shops, restaurants, and public transportation, this property is an excellent investment opportunity!

Commercial Active

Price

^$ 990,000

Property Type

Commercial

Taxes

^$ 15,039

Style

MixedUse

Lot Size

0.06

Year Built

2016

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3930673

Features

General

Sewer Public Sewer

Construction Wood

Heating 3 Units

Cooling 3 Units

Utilities Electric Gas-Natural

Possession Negotiable

Roof Flat

Zoning R-3A

Year Built 2016

Township Elizabeth City

Property Type Mixed Use MixedUse

Tax Year 2023

Percent Ownership Fee Simple

Location Business District

County Union

Status Active

Directions Rahway Ave to Elizabeth Ave

NumberOfUnitsTotal 3

Tax Annual Amount 15039

Drive None

Leasable Area 2000

Standard Status Active

Tax Assessed Value 956100

Town # 2904

Tax Lot 41

Interior

Basement Slab Unfinished

Fuel Type Gas-Natural

Total Stories 3

Half Baths 0

Exterior

Water Source Public Water

Exterior Description Brick/Block Concrete

Building Area Total 4828

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

Kevin Carvalho

Listing Agent

Weichert Realtors

Broker

Edison

Office

Affordability Calculator

$7,182

Per Month

Monthly Principal & Interest: $5,929
Monthly Property Taxes: $1,253
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Elizabeth, NJ

Average List Price ^$955,248

Percent of Sale Price 4%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2024	$990,000		Listed Price

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433 Elizabeth Ave, Elizabeth, NJ, 07206 is a Commercial Property for sale at $990,000 with a lot size of 0.06. 433 Elizabeth Ave was built in 2016. The property's zip code is 07206 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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433 Elizabeth Ave

Commercial Property for sale in Elizabeth, NJ

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